Schneider Downs Wealth Management Advisors LP Acquires 32,741 Shares of JPMorgan Income ETF (NYSEARCA:JPIE)

Schneider Downs Wealth Management Advisors LP increased its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 22.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 179,657 shares of the company’s stock after purchasing an additional 32,741 shares during the quarter. JPMorgan Income ETF accounts for approximately 1.5% of Schneider Downs Wealth Management Advisors LP’s investment portfolio, making the stock its 15th largest position. Schneider Downs Wealth Management Advisors LP owned 0.62% of JPMorgan Income ETF worth $8,196,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. MidAtlantic Capital Management Inc. bought a new position in shares of JPMorgan Income ETF in the fourth quarter worth about $35,000. Private Trust Co. NA bought a new position in shares of JPMorgan Income ETF in the third quarter worth about $36,000. Wilmington Savings Fund Society FSB bought a new position in shares of JPMorgan Income ETF in the third quarter worth about $38,000. LGT Financial Advisors LLC lifted its holdings in shares of JPMorgan Income ETF by 75.4% in the third quarter. LGT Financial Advisors LLC now owns 1,019 shares of the company’s stock worth $47,000 after acquiring an additional 438 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. lifted its holdings in shares of JPMorgan Income ETF by 33.8% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 1,030 shares of the company’s stock worth $47,000 after acquiring an additional 260 shares during the last quarter.

JPMorgan Income ETF Price Performance

JPIE stock opened at $46.11 on Thursday. JPMorgan Income ETF has a 12 month low of $44.80 and a 12 month high of $46.43. The firm has a 50-day moving average price of $45.80 and a 200-day moving average price of $45.90.

JPMorgan Income ETF Profile

The JPMorgan Income ETF (JPIE) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively-managed fund that allocates exposure among various fixed income markets and sectors. The fund seeks to provide yield with lower volatility and aims to generate monthly distributions.